- Since Wally Weitz established Weitz Investment Management in 1983, the firm’s philosophy and core values have remained consistent. Simply put, we focus exclusively on asset management and provide clients with top-quality, personalized service.
- The Partners III Opportunity Fund’s Institutional Class returned -0.06% in the third quarter compared to +0.58% for the S&P 500 and -0.10% for the Russell 3000. Year-to-date, the Fund’s Institutional Class has returned +11.44% compared to +15.92% for the S&P 500 and +14.99% for the Russell 3000.
- As for contributors – Intelligent Systems clawed back all of its declines from the first half of the year as the company explained to investors that the rapid adoption of “Buy Now, Pay Later” payment options would not disrupt the company’s CoreCard payment software opportunities.
- Quarterly detractors Dun & Bradstreet and FIS have also led year-to-date declines.
For further details see:
Weitz Partners III Opportunity Fund Q3 2021 Commentary